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October 19, 2023

Solar & Storage Live 2023 – Final Day

Welcome to Current±‘s sister site Solar Power Portal’s day two coverage of Solar & Storage Live 2023, taking place at the NEC in Birmingham over 17-19 October.

Xlinks will utilise wind and solar technology in Morocco to provide the UK with 3.6GW. Image: Xlinks.

October 3, 2023

Xlinks’ Morocco-UK Power Project recognised as an NSIP

The Secretary of State for Energy Security and Net Zero has deemed the Morocco-UK Power Project, headed by Xlinks, as an NSIP.

September 12, 2023

Battery storage revenues drop by 71%

LCP Delta has urged investors to consider more “sophisticated strategies” as average profits for Britain’s battery storage market see a 71% decline.

Shell invests in collaborative subsea wave power project in Orkeny, Scotland. Image: Verlume.

August 31, 2023

Positive results lead to subsea battery project extension

An initial four-month test has been completed in the UK proving a subsea battery storage system can power subsea equipment via wave power.

August 24, 2023

The Nick Winser report: Battery storage could mitigate the cost of grid infrastructure

In early August, the UK’s electricity networks commissioner, Nick Winser, released a landmark report detailing how GB could halve the time that is required to build grid infrastructure.

August 23, 2023

Revenues for battery storage surge by 53% in a month, says Modo

According to Modo Energy’s monthly Revenue Benchmark, battery energy storage revenues surged by 53% between the months of June and July.

Mitie acquires assets and team from BES specialist G2 Energy. Image: volzi (Pixabay).

August 3, 2023

Mitie acquires assets and team from BESS specialist G2 Energy

Following the closure of G2 Energy last month, outsourcing firm Mitie has secured various assets and the intellectual property from the battery storage specialist.

July 18, 2023

Closure of UK BESS specialist EPC/ICP firm G2 Energy confirmed

Companies House has confirmed the closure of UK battery storage specialist EPC and independent connection provider (ICP) firm G2 Energy.

75% of customers who do not use direct debit did not realise they pay extra on energy bills. Image: Octopus Energy (Richard Boll Photography).

May 11, 2023

Octopus signs new agreement with Masdar to bolster UK energy security

Following a new framework agreement, the clean energy developer, Masdar will now be able to use Octopus Energy's technology platform, Kraken, to manage its UK battery storage portfolio.

April 27, 2023

V2G could provide 445GWh of energy storage capacity by 2050

UK research institute The Faraday Institution has detailed in a new report that vehicle to grid technology (V2G) could provide 445GWh of energy storage capacity by 2050.